Producing Non-op Working Interest for Sale$ Protected
50 acre lease – Yegua Sands – 4,300′
Single well doing 10-12 BOPD currently – well online 2013
Monthly operating expenses around $1,200
Cumulative 128 MBO, remaining estimated 80 MBO + 2 zones uphole not tested in well
Potential for new shallow well development on lease in upper zone (1,100′)
Net income around $10K a month with $30 BO with typical MOE
50%WI (38.5%NRI) for price above – non-op
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